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Bill

HB 1508

TO RECODIFY TITLE 19 OF THE ARKANSAS CODE CONCERNING PUBLIC FINANCE; AND TO AMEND LAWS RESULTING FROM INITIATED ACTS 2000, NO. 1; AND TO MAKE CONFORMING CHANGES TO THE ARKANSAS CODE.

2025 Regular Session Introduced by Josh Bryant and 3 co-sponsors

House Bill 1508 recodifies Arkansas' public finance laws, updating Title 19 for clarity and organization, impacting state agencies and legal practitioners without fiscal costs.

Notification that HB1508 is now Act 419
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WeVote Research Nonpartisan
Bill Summary · HB 1508

Summary of House Bill 1508 (HB 1508)

Overview

House Bill 1508, now known as Act 419, was introduced on February 17, 2025, and aims to recodify Title 19 of the Arkansas Code, which pertains to public finance. The bill seeks to amend existing laws resulting from Initiated Acts 2000, No. 1, and make necessary conforming changes to the Arkansas Code.

Purpose and Intent

The primary intent of HB 1508 is to update and reorganize Title 19 of the Arkansas Code to reflect current practices and improve clarity. This recodification is intended to be a technical, nonsubstantive update, ensuring that only language and structural changes are made without altering the underlying legal principles.

Key Provisions

  • Recodification of Title 19: The bill repeals the existing Title 19 and replaces it with a revised version that includes technical updates and reorganizes certain sections into more appropriate titles within the Arkansas Code.
  • Exceptions: Certain sections of Title 19 are exempt from repeal, including:
    • Section 19-4-803, which addresses exemptions from cash fund expenditure laws.
    • The Tobacco Settlement Proceeds Act and its related provisions.
  • Legislative Findings: The bill includes findings that highlight the need for recodification due to the lack of updates since the Arkansas Code's implementation in 1987. A working group comprising various state agencies and legal professionals reviewed the proposed changes to ensure they were purely technical.

Impact

  • Fiscal Impact: The bill is projected to have no fiscal impact on the state budget or taxpayers.
  • Implementation: The Department of Finance and Administration (DFA) has indicated that no additional resources or time will be required to implement the changes outlined in the bill.
  • Affected Parties: The recodification will affect state agencies, legal practitioners, and any stakeholders involved in public finance, as it will alter references in rules and procedures related to Title 19.

Procedural Timeline

  • Introduced: February 17, 2025
  • Engrossed: March 4, 2025
  • Passed by House: March 17, 2025
  • Passed by Senate: March 17, 2025
  • Notification of Act: March 25, 2025

Conclusion

HB 1508 represents a significant effort to modernize and clarify the public finance laws in Arkansas. By recodifying Title 19, the legislation aims to streamline legal references and improve the overall organization of the Arkansas Code, ensuring that it remains relevant and accessible for future use.

Compiled from official sources — confirm details with the bill’s official record.

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